Singapore

Light vehicle sales in Asean are expected to show healthy growth this year, led by a rosier outlook for Thailand, but there are gloomier prospects for other key markets, according to research firm LMC Automotive.

LEADERSHIP
An unexpected series of threats from the enclosed Stalinist state threatened to nix next month’s planned summit in Singapore between Trump and North Korea’s leader Kim Jong Un and sink White House hopes of a spectacular foreign policy success. The warning delivered a jolt of reality, underscoring that despite weeks ...

Nakhon Phanom must commercialise its land surrounding the Third Thai-Lao Friendship Bridge to "unlock its potential" as a main logistics hub for international trade in Asean and southern China, Northeastern Thai Industries Federation chairman Viroj Pipatchaisiri says.

Philippines and Malaysia said on April 2 they will look into whether Uber Technologies’ move to sell its Southeast Asian business to ride-hailing rival Grab hinders competition, days after Singapore began a probe into the deal on similar concerns.

SINGAPORE/KUALA LUMPUR: The Philippines competition watchdog said on Monday it is looking at whether the deal by Uber Technologies to sell its Southeast Asia business to rival Grab will substantially reduce competition.

SINGAPORE: As a US-China trade war threatens to wreak collateral damage on the globally-connected North Asian economies, Southeast Asia’s domestically-focused and relatively cheap stocks are looking more appealing.

SINGAPORE - Uber sold its Southeast Asian business to rival Grab on Monday, ending a bruising battle between the ride-hailing behemoths and marking the US firm's latest retreat from international markets.

SINGAPORE: Uber Technologies Inc has reached an agreement to sell its Southeast Asian ride-hailing business to rival Grab and could announce the deal as early as Monday morning in Singapore, people familiar with the matter said.

SINGAPORE: With sales stagnating and high rent and manpower costs eating away at his profits, Azan Tengku, the director of Singaporean gift company Kalms, decided to close down his stores and move all his products into vending machines.

SYDNEY: The leaders of Australia and Singapore closed a regional summit on Sunday with a stand against against protectionism, arguing in favour of multi-nation trade deals as fears mount that US plans for new tariffs could stoke a global trade war.